Rabeel Warraich Biography: Wikipedia, Age, Wife, Net Worth, Education, Career, Business, Family
Rabeel Warraich Biography
Rabeel Warraich is a Pakistani entrepreneur and venture capitalist, recognized for founding Sarmayacar, Pakistan’s pioneering institutional venture capital firm dedicated to supporting early-stage tech startups. He egan his professional journey in investment banking with Morgan Stanley in London, focusing on mergers and acquisitions. He later served as Vice President in the private equity division of GIC, Singapore’s sovereign wealth fund, where he managed substantial investments across various sectors.
In 2018, Warraich returned to Pakistan to establish Sarmayacar, aiming to bolster the country’s startup ecosystem. Under his leadership, Sarmayacar has invested in notable Pakistani startups, including Bykea, Dawaai, ProCheck, and Patari.
In October 2024, Sarmayacar launched the Climaventures Fund, securing a $15 million anchor commitment from the Green Climate Fund. This initiative focuses on accelerating climate-tech innovation in Pakistan, targeting sectors such as renewable energy, electric mobility, and sustainable agriculture.
Rabeel Warraich Age
Rabeel Warraich was born on October 18, 1985, making him 39 years old as of 2024.
Rabeel Warraich Hometown
Rabeel Warraich hails from Rawalpindi, Pakistan.
Rabeel Warraich Educational Background
Rabeel Warraich pursued his undergraduate studies at the Massachusetts Institute of Technology (MIT), one of the world’s leading institutions. At MIT, he earned degrees in Economics and Management Science.
Rabeel Warraich Career
Rabeel Warraich has established himself as a prominent figure in the financial and entrepreneurial sectors, particularly within Pakistan’s burgeoning startup ecosystem. His career trajectory encompasses significant roles in investment banking, private equity, and venture capital, underscoring his commitment to fostering innovation and economic growth.
Investment Banking at Morgan Stanley
In 2008, Rabeel commenced his professional journey as an Investment Banking Analyst in the Mergers and Acquisitions division at Morgan Stanley in London. In this capacity, he was instrumental in advising on complex transactions, including mergers, acquisitions, and corporate restructurings.
Private Equity Tenure at GIC
After three years at Morgan Stanley, Rabeel transitioned to GIC, Singapore’s sovereign wealth fund, in 2011. Serving as Vice President in the Private Equity division, he was responsible for managing substantial investments across diverse sectors, ranging from early-stage ventures to late-stage buyouts. His tenure at GIC, which spanned until 2017, involved deploying several billion US dollars in direct equity financings, thereby deepening his expertise in global investment strategies.
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Founding Sarmayacar
In December 2016, Rabeel co-founded Sarmayacar, Pakistan’s first institutionalized venture capital firm dedicated to nurturing the country’s startup ecosystem. Recognizing the untapped potential within Pakistan’s tech sector, he aimed to provide early-stage funding and strategic support to local entrepreneurs. Sarmayacar’s inaugural investment was a $200,000 funding round for Patari, a music streaming service, marking the firm’s commitment to fostering innovation in Pakistan.
Expanding Investment Portfolio
Under Rabeel’s leadership, Sarmayacar expanded its investment portfolio to include several high-growth Pakistani startups. Notable investments include Bykea, a ride-hailing and parcel delivery service; Dawaai, a digital healthcare platform; ProCheck, a pharmaceutical supply chain company; and Revolving Games, a gaming studio. These strategic investments underscore Rabeel’s vision of supporting scalable, market-transforming enterprises within Pakistan.
Launching the Climaventures Fund
In October 2024, Sarmayacar launched the Climaventures Fund, securing a $15 million anchor commitment from the Green Climate Fund. This initiative aims to accelerate climate-tech innovation in Pakistan, focusing on sectors such as renewable energy, electric mobility, and sustainable agriculture. The fund reflects Rabeel’s dedication to addressing climate change through technological advancements and sustainable investments.
Role in Shark Tank Pakistan
Beyond his venture capital endeavors, Rabeel has taken on the role of a judge on “Shark Tank Pakistan,” a television program that provides a platform for entrepreneurs to pitch their business ideas to potential investors. His participation in the show highlights his commitment to mentoring emerging entrepreneurs and promoting a culture of innovation and entrepreneurship within Pakistan.
Rabeel Warraich Net Worth
Rabeel Warraich’s net worth is estimated to be around $40 million as of 2024. He has accumulated this wealth through his successful career in investment banking, private equity, and as the founder of Sarmayacar VenturesVentures.
Rabeel Warraich Wife and Children
Rabeel Warraich is married to Maha Shahzad, an entrepreneur. The couple tied the knot on January 20, 2024. They have one son together.
FAQs
Who is Rabeel Warraich?
Rabeel Warraich is a Pakistani entrepreneur and venture capitalist, best known as the founder and CEO of Sarmayacar, Pakistan’s first institutionalized venture capital firm dedicated to supporting early-stage tech startups.
What is Sarmayacar?
Sarmayacar is a venture capital firm established by Rabeel Warraich in 2018. It focuses on investing in Pakistani startups, particularly in the technology sector, to foster innovation and economic growth.
What was Rabeel Warraich’s career before founding Sarmayacar?
Before founding Sarmayacar, Rabeel worked as an investment banker at Morgan Stanley in London and later as Vice President in the private equity division of GIC, Singapore’s sovereign wealth fund.
Which notable startups has Sarmayacar invested in?
Sarmayacar has invested in several prominent Pakistani startups, including Bykea (a ride-hailing and parcel delivery service), Dawaai (a digital healthcare platform), ProCheck (a pharmaceutical supply chain company), and Patari (a music streaming service).
What is Rabeel Warraich’s role in Shark Tank Pakistan?
Rabeel serves as a judge on “Shark Tank Pakistan,” where he evaluates and mentors entrepreneurs pitching their business ideas to potential investors.
What is the Climaventures Fund?
Launched by Sarmayacar in October 2024, the Climaventures Fund is a $15 million initiative aimed at accelerating climate-tech innovation in Pakistan, focusing on sectors like renewable energy, electric mobility, and sustainable agriculture.
Is Rabeel Warraich involved in any educational initiatives?
Yes, Rabeel is a Kauffman Fellow and teaches a class on Venture Capital & Finance at the Institute of Business Administration (IBA) in Karachi, contributing to the development of future entrepreneurs.
